News

US personal consumption fell by 0.2% in January following a 0.3% decline in December. The figure, the first back-to-back monthly decline recorded since early 2009, was below expectations for a fall of 0.1%. While the headline reading missed, after removing the impact...

US existing home sales fell sharply in January with a decline of 4.9% reported. The figure, well below the 2.4% increase of December and expectations for a decline of 0.8%, left the annual pace of sales at 4.97m, a low not seen since April 2014. Sales of both homes...

Eurozone finance ministers meet later today to see whether an agreement can be reached to secure the Greek government funding beyond the cessation of their current bailout program which expires at the end of February. Greece released a formal request to extend funding...

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The views presented by David Scutt are general in nature. The information provided should NOT be used by investors as financial advice. Each investor has a specific set of circumstances to be considered and any investment should only be carried out after consulting your own financial advisors.